Mercom Capital: VC funding for battery storage companies up 139% YoY in 1H 2019 to $1.4B; led by Northvolt financing
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JULY 23, 2019
billion in 17 deals compared to the $543 million in 30 deals in 1H 2018, according a new report from Mercom Capital Group. Announced debt and public market financing activity in the first half of 2019 ($547 million in five deals) was 275% higher compared to the first half of 2018 when $146 million was raised in six deals.
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